The stock market initially dropped due to higher capital gains taxes but rebounded. Key corporate earnings rely on capex and consumption, bolstered by budget allowances and deductions. Retail participation and DII buying sustain high valuations.
Why ADRs are prone to sudden price spikes? Feroze Azeez explains
Infosys American Depository Receipts saw a significant intraday surge. Experts attribute this spike primarily to derivative strategies and options trading mechanics. While the stock closed